Short Interest in AGNC Investment Corp. (NASDAQ:AGNCM) Rises By 639.5%

AGNC Investment Corp. (NASDAQ:AGNCM) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 28,100 shares, an increase of 639.5% from the December 15th total of 3,800 shares. Based on an average trading volume of 17,000 shares, the days-to-cover ratio is currently 1.7 days.

AGNC Investment Stock Performance

AGNCM opened at $25.05 on Wednesday. AGNC Investment has a 12 month low of $24.05 and a 12 month high of $25.85. The company has a fifty day simple moving average of $25.25 and a 200 day simple moving average of $25.18.

AGNC Investment Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be paid a $0.5904 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 9.43%. The ex-dividend date of this dividend is Tuesday, December 31st.

AGNC Investment Company Profile

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.